Browsing: Amazon

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R28bn Naspers bonanza as Walmart buys Flipkart

Africa’s largest company just chalked up another major investment coup. Naspers has netted a cool US$1.6bn profit from the sale of its 11% stake in Indian e-commerce startup Flipkart, a deal almost as lucrative

News
Google Assistant is about to get much smarter

Trying to schedule a haircut? Or book a restaurant table? Google’s virtual assistant will soon be able to do that for you, a new offering that could give the search engine even more granular data about offline

World
Amazon profits soar

Amazon.com reminded investors on Thursday that scraping by selling things online was just the beginning. The world’s biggest Internet retailer reported larger profits in the first quarter and forecast more of the

World
Azure cloud propels Microsoft to new heights

Microsoft exceeded analysts’ projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud computing services as the software maker added new features. Profit in the period ended 31

World
Amazon working on top-secret home robot

Ten years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking

World
HomePod isn’t the sales hit Apple wanted

When Apple’s HomePod smart speaker went on sale in January, it entered a market pioneered and dominated by Amazon’s Echo line-up of Alexa-powered devices. Apple, which has arrived late before only to overtake

In-depth
Global tech boom isn’t done, SA experts say

Despite the enormous run-up in global technology stocks in the past five years – and the recent stomach-churning volatility – the market isn’t repeating the dot-com euphoria of 1999 and South African investors would

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